Use Instinct to Pick Deals Quickly, Use Data to Pick People Carefully

2/2/14

Speed vs Deliberation in Decision Making

When to use judgment and when to use rigorous data analysis ? In this LinkedIn article Jack and Suzy offer thought provoking insights.

Picking Deals
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- Use instinct and qualitative gut calls
- Recognize patterns subconsciously to make quick decisions without a lot of deep thinking
- Go for it now, stuck in the middle uh-oh, No way ever

Picking People
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- Use quantitative data analysis
- Go beyond resume and dig for extra data
- Doubt, and don't fall in love in haste
- Double-check your gut
- Listen to mixed messages & unpleasant insights

Dr DP

Reference
Welch & Welch (2013)
http://www.linkedin.com/today/post/article/20131112125301-86541065-when-to-go-with-your-gut?trk=mp-reader-card